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Gold/Mining/Energy : Core Laboratories (CLB) -- Ignore unavailable to you. Want to Upgrade?


To: Herc who wrote (23)4/19/1999 4:56:00 PM
From: Herc  Read Replies (1) | Respond to of 39
 
CLB closes above 17 closing its 3 point gap down on higher volume. A technical barrier is behind us. I expect a few days of consolidation then move back up as there aren't too many oil service stocks for institutions to buy.
Recent downturn seems to have been an over reaction in this improving oil climate.
Why would the company predict lower earnings for this year?